UBM Development AG operates in the Apartment building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares UBM Development AG with three other
Real estate operators in Europe:
Aedifica
of BELGIUM
(2020
sales of 170.40 million Euros [US$199.53 million]
of which 102%
was Healthcare real estate),
ALM Equity AB (publ)
of SWEDEN
(1.76 billion Swedish Kronor [US$203.15 million]
of which 141%
was Construction Management), and
Investis Holding SA
which is
based in SWITZERLAND
(192.71 million Swiss Francs [US$208.34 million]
of which 65%
was Real Estate Services).
Sales Analysis.
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at UBM Development AG totalled
105.43 million Euro.
This is
an increase of 175.1%
from the 38.33 million Euro in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at UBM Development AG in the previous 31 quarters.
During the first two
quarters of 2021, sales totalled 147.34 million Euro, which is
85.1% higher
than through the first two quarters of 2020.
UBM Development AG reported sales of 183.34 million Euro (US$214.68 million)
for the
year ending
December of 2020.
This
represents
a
sharp
decrease of 24.2%
versus 2019, when the company's sales were 242.00 million Euro.
Contributing to the drop in overall sales was the 77.8% decline
in Other, from 166.78 million Euro to 37.01 million Euro.
There were also decreases in sales in
Hotel (down 77.2% to 52.17 million Euro)
.
However, these declines were partially offset by the increase in sales of
Residental (up 24.2% to 179.60 million Euro)
and
Office (up 61.6% to 144.39 million Euro)
and
Service (up 55.4% to 65.40 million Euro)
.